Benutzer:GerhardSchuhmacher/SE
== Erstellung Außenlinks == === Unternehmen Luzern === * AlpTransit Gotthard – Bucherer Gruppe (Uhren- und Schmuckbranche) – Concordia Schweizerische Kranken- und Unfallversicherung – CSS (Versicherung) * STEG Electronics – Centralschweizerische Kraftwerke * EF Education First AG (Bildungsinstitution) – > Wirtschaft: Luzern ist Sitz zahlreicher Schweizer Unternehmen – ,,,, international ansässig sind die und == Bsp Infobox == {Short description|}} {Infobox company | name = | logo = | logo_size = 220px | type = [[Privately held company|Private]] | genre = | foundation = | key_people = | location = | area_served = Worldwide | industry = [[Life sciences]] | products = | num_employees = | revenue = | operating_income = | homepage = {{URL|www.yx.com}} }} {{Infobox company | image = ISE Logo (2).jpg | industry = science | founded = 2011 | hq_location = Lucerne, Switzerland | website = https://en.institut-seltene-erden.de/ }} == Englischer Artikel == The '''Institute for Rare Earths and Metals AG''' is an informal network in the international ''raw materials market'' and a player with the "core business" of metal analysis and the storage of contingents of intended or commercially traded substances. The core business has been carried out since 2020 with the Swiss partner company Cosmotrans AG. The main interest of the institute's customers is the database, which is available on a subscription basis with daily updated prices: In addition to the eponymous [[Rare-earth element]], 900 pure [[Metals]] and 4500 other metal products are listed there. The company's headquarters are located in [[Zug (city)|Zug]]/[[Switzerland]]. [[File:ISE Zollfreilager Zürich.jpg|mini| Duty-free warehouse at [[Zurich Airport]] for storing valuable and tradable metals]] == Commodity trading position == The unique feature of the ''Institute for Rare Earths and Metals'' is its database with the daily updated prices for over 5000 market-relevant materials of [[Metallurgy]], traditionally rare earths and ''Clean Energy Metals'', determined after 10 years of preparation. The data can be viewed when you become a member. The "core business" described by the Institute itself and also in the Swiss commercial register is the "carrying out of technical, physical and chemical investigations. The company aims to provide services in the field of analysis of raw materials, minerals, metals, rare earths and in the evaluation and storage of such products."<ref>[https://www.moneyhouse.ch/de/company/institut-fuer-seltene-erden-und-metalle-4604350811/ Webseite moneyhouse.ch – Institut für Seltene Erden und Metalle (Handelsregisteramt ZG, Handelsregister-Nummer: CH-170.3.041.803-1)] access-date=1 September 2022}}</ref> Since 2020, transport, storage and insurance for substances prepared for trading (e.g. for analysis) or for substances already on the market have also been arranged for the processing of transactions. A company activ in this trade describes the importance of the analyses carried out in the Institute's laboratories: "The international recognition of the ISE, especially among auditors, universities and banks, gives the Institute's documentation work the desired international acceptance. Therefore, all analyzes and assessments are made exclusively by the ISE.<ref group="Note">The ISE does not accept any analyses prepared by other parties as a basis for its assessment. Reviews are valid for six months. (ISE website: [https://en:institut-seltene-erden.de/unser-service-2/ise-bewertung-2/ Acceptance and Validity of Rating]) access-date=1 September 2022.</ref> Regarding the cooperation partner ''Storage'' of the ISE: "''Cosmotrans AG'' is an independent Swiss joint-stock company that [...] has also been offering the handling of valuable metals for around ten years. Cosmotrans AG is fully accepted by banks and insurance companies."<ref>Both quotes: ''Ocean Metal and Mineral Trading AG'': [https://ommt.ch/index.php To ISE and Cosmotrans]. Retrieved on September 01, 2022.</ref> In the ''Scientific Services'' of the German [[Bundestag]] of February 2022, the Institute is cited several times in the status report ''Rare Earths as an Important Resource'' and described as a "private-sector consulting firm."<ref>Report of the Bundestag ''WD 5 - 3000 - 003/2022'' on the resource rare earths: [https://www.bundestag.de/resource/blob/886424/16cb4318a6eaf7b2e5d2221d85e81927/WD-5-003-22-pdf-data.pdf ''Wissenschaftlicher Dienst des Bundestags 03-2022''] Retrieved September 01, 2022.</ref> === Transit trade Switzerland === With the [[free trade zone]] in the area of [[Zurich Airport]], the deposited goods are not legally on Swiss soil: "The term ''transit trade'' covers all the commercial transactions of companies based in Switzerland in which the goods are bought and sold without the goods ever crossing a Swiss border."<ref>Gerald Hosp, [[''Neue Zürcher Zeitung'']] (NZZ): [https://www.nzz.ch/wirtschaft/80-prozent-der-russischen-rohstoffexporte-laufen-ueber-die-schweiz-wirklich-die-geschichte-einer-zahl-ld.1677313?kid=nl164_2022-4-4&ga=1 ''Commodity Trade Switzerland'', April 4, 2022]. Retrieved September 01, 2022.</ref> == History == After a project call for proposals in 2008, there was a conference with experts "to solve bottlenecks in the manufacturing processes of large industrial companies in the field of rare earths." founded as [[Registered association (Germany)|Association]]. === Formation (self-portrayal) === In a press release in 2012, the Institute stated the following as the motive for founding it: After the dependence of the world economy [[1073 oil crisis|on oil]], which became became imminent in the 1970's, there followed a second dependence at the beginning of the 21st century – the one "on the so-called ‚rare earths‘: These 17 metals, which are difficult to obtain, are becoming needed in numerous high-tech areas [...and] are among the most valuable raw materials in the world today." The largest supplier of the indispensable elements by far is [[Economy of China#Energy_and_mineral_resources|China]]. The People's Republic has the market in hand. "The reason for this monopoly position is, among other things, that China has so far not paid attention to environmental compatibility when mining. Air, soil and water were [[Bayan Obo Mining District|ruthlessly polluted]]."<ref>Pressebox: [https://www.pressebox.de/pressemitteilung/institut-fuer-seltene-erden-und-metalle-e-v/Neue-Webseite-fuer-das-Institut-fuer-Seltene-Erden-und-Metalle-e-V/boxid/497396 Neue Webseite des ISE-Instituts] access-date=1 September 2022.</ref> One reason would also be that China will need its own production in the future: „'If China continues to grow strongly, the People's Republic will change from an exporter to an importer of rare earths in ten years at the latest,' expects Arndt Uhlendorff, chief analyst at the Institute for Rare Earths and Metals.“<ref>[[Wirtschaftswoche]]: [https://www.wiwo.de/unternehmen/industrie/seltene-erden-schutz-vor-der-rohstoff Crisis/7011500-2.html ''Protection against the raw materials crisis'', Aug. 23, 2012]. Accessed May 27, 2022.</ref> === From Association to Buisiness Corporation === In 2013, the prices of around 600 metals were regularly available to customers. From 2018, daily updated prices from the areas of rare earths, ''strategic metals'', [[base metals]], [[technology metals|special metals]] and [[isotopes]] were published. Since 2019, the ISE has been cooperating with a Swiss partner company that carries out ''metal analysis'' to identify 74 elements. "Verified persons [...] and verified goods that (are) inspected, analyzed and evaluated" are permitted on the trading platform. Together with the partner company, storage options will be offered from 2020 on “2000 square meters of domestic storage space and 5000 square meters of outdoor storage for high-priced metals”. 2021: The ''Institute for Rare Earths and Metals'' trades as [[Aktiengesellschaft (Switzerland)]] in the [[Canton of Zug]]: The reasons for moving to Switzerland were the proximity to the warehouse in the free trade zone [[Zurich Airport]] and in cooperation with financial institutions to offer trading programs for commodities. The storage capacity in Zurich will be 5500 square meters in 2022.<ref>Quotes (apart from the press release): Website: [https://en:institut-seltene-erden.de/ueber-uns-2/historie/ Historie ISE]. Accessed May 27, 2022.</ref> == Corporate Structure == The Institute employs eight people in administration and five specialists for handling the offers. In the partner company, 60 people work in the laboratory and 12 in the warehouses. * The database (closed user group) currently offers "in [[Online Transaction Processing|real time]] around 900 prices for pure metals and around 4500 prices for metal products." A free service "for pupils and students" is provided in relation to the Average prices of all metals published for the last six months. * The partner company is a Swiss company that has been active in the logistics sector for storage, packaging and worldwide transport since 1976 and “the full acceptance of all customers, banks and financial service providers with whom the ''Institute for Rare Earths and Metals'' works “, owns. Due to "strongly increasing demand" for its services, the ISE opened a representative office in [[Dubai]] in May 2022,<ref>ISE: ''Representative Office in Dubai'': [https://institut-seltene-erden .de/ise-eroeffnet-repraesentanz-in-dubai/ Newsletter May 10, 2022]. Access-date=1 September 2022.</ref> == Informal offer == In addition to the information from the database as a basis for evaluation for customers, the Institute's offer also includes services that are necessary for business transactions. In addition to commercially interested parties, the offer is also used by universities and research institutions. === Database and trading platform === The informal basis for interested parties is the database with daily updated prices, which are determined from a network that has been set up since 2011. In addition to all rare earth elements and their oxides, "base metals, minor metals, exotic metals and stable isotopes" are also listed." Granules, etc."<ref>Website ISE: [https://en:ise-metal-quotes.com/ ISE metall-qoutes] access-date=1 September 2022.</ref> Since 2018, the previously informal database has been operated as „[[Trading place|Trading platform]] for rare earths and high-purity metals“ and metal analyses, assessments and bank audits are carried out on behalf of all metals and elements of these groups. Advice is also offered "on the monetization of valuable metals".<ref>Website ISE: [https://en:institut-seltene-erden.de/beratung Beratung] access-date=1 September 2022.</ref> === Information Gathering === Since 2018, the institute has been surveying the "network that has grown organically for more than 10 years [...] of regular mine operators, producers, refiners, buyers, sellers, brokers and end customers about the prices of the metals recently traded". The “metal prices are calculated from several hundred individual sources in order to determine a representative average price for [..] customers.” The sources remain anonymous “so that there is no interference in the market. […] Valuations and audits are confirmed in the course of a [[due diligence|due diligence process]] by banks, auditors, lawyers or customers.” The prices of highly specific metals are determined using a simplified capital value method. Ultimately, the aim is to regulate the relationship between value and price in such a way that market participants can find a consensus on fixed product positions on the basis of "market-oriented pricing".<ref>Website ISE: [https://en:institut-seltene- erden.de/unser-service-2/treueprogramm/ comments on the principles and methodology of price determination]. Accessed May 27, 2022.</ref> === Advice === The Institute advises customers in all stages of the offer, as well as on communication with banks and auditors, on insuring metals and also on special offers "goods that are difficult to sell" [... and in the] "purchase and sale of goods that seem to be sold out."<ref>Website ISE : [https://en:institut-seltene-erden.de/unser-service-2/metall-consulting/ ISE Metal Consulting]. Accessed May 27, 2022.</ref> == Metal analysis == The unique selling point in the trading process is the certification of the quality of the material. In addition to the specially issued certificates, the Institute does not recognize any other analysis reports. === Method and Subject === The metal analyzes relate to pure metals, metal alloys, non-conductive materials and to (almost) all metal forms and are carried out in accordance with the ([[ISO 9001#Revision ISO 9001:2015|ISO standard DINEN ISO 9001]]) tested laboratories. Analytes are tested for elements from lithium, number 3 to uranium, number 92 on the periodic table to determine purity by elimination. The tests are carried out directly on the solid using GD/MS (glow discharge/mass spectrometry; solid state MS) without chemical breakdown. The analyses are carried out for a measurable purity of up to 99.999 percent. In addition to the rare earths, the groups summarized as ''high-purity metals'' and ''strategic metals'' are evaluated. === Rating === The measurement is based on the "IFRS 13 - Fair value principle": The [[International Financial Reporting Standard 13|IFRS 13]] defines the fair value ([[Fair Value]]), presents the measurement of the fair value and explains the Disclosure requirements.<ref group="Note">''IFRS 13'' defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The valuation assumes that the transaction takes place in the primary market, which is the market with the largest volume and number of market activities for the asset. If such is not available, the most advantageous market must be used for the assessment. This is a market in which, taking into account transaction and transportation costs, the selling price of an asset would maximize or the transfer amount of a liability would minimize. (ISE: [https://en:institut-seltene-erden.de/ueber-uns-2/arbeitsweise/ IFRS 13] accessed on May 27, 2022).</ref> == Transport and storage == Since 2020, the storage of metals with related services such as transport, customs formalities, collection is offered. The cooperating Swiss company has been active in this field since 1976. The storage rooms are located in the Swiss domestic area, as well as in the [[customs-free zone|free warehouse]] at [[Zurich Airport]] and in [[Embrach#Zukunft Autobahn|Embraport]].<ref>ISE website: [https://en:institut -seltene-erden.de/unser-service-2/Sicherheitslager/ Sicherheitslager]. Accessed May 27, 2022.</ref> == Business relationships == Russian customers: After the [[Russian invasion of Ukraine 2022#sanctions|invasion of Ukraine]], the ISE since February 25, 2022 [..] refused any cooperation with Russian companies. It is noted in the notification that „about 20% [.. of the] turnover is forgone“.<ref>Website ISE: [https://en.institut-seltene-erden.de/ise-newsletter-vom-25-february-2022/ sanctions notification in the newsletter of March 25, 2022].</ref> == Reception == In the status report of the ''Scientific Services (WD 5): Economy and Transport, Food and Agriculture'' of the [[Bundestag|German Bundestag]] ''Rare Earths as an Important Resource'' of 16. February 2022, the Institute's website is a frequently cited source: Information was taken on the history, the elements (list) with use, occurrence (distribution of mining and deposits) and the Chinese monopoly Earth.<ref>Bericht des Deutschen Bundestags zur ''Ressource Seltene Erden'': [https://www.bundestag.de/resource/blob/886424/16cb4318a6eaf7b2e5d2221d85e81927/WD-5-003-22-pdf-data.pdf Scientific Service of the Bundestag 03-2022] accessed on May 27, 2022.</ref> Internally, it is reported that the database is accessed 4,500 to 5,000 times a day. The Institute presents itself on [[facebook]] and [[twitter]] and publishes a bimonthly ''Newsletter''.(ref>[https://institut-seltene-erden.de/newsletter/ ISE-Newsletter]. Accessed May 27, 2022.</ref> == Notes == <references group="Note" /> == References == <references /> {SORTING: Rare Earth Institute}} [Category:Commodity trading company]] [Category:Company (train)]] [Category:Established 2011]] [Category:Trading company (Switzerland)]] ___________________________________________________________________________________________________________________________________________________ == Rückholung == {{Infobox company | image = ISE Zollfreilager Zürich.jpg | industry = science | founded = 2008 | hq_location = Zug, Switzerland | website = https://en.institut-seltene-erden.de/ }} The '''Institute for Rare Earths and Metals AG''' is an informal network in the international ''raw materials market'' and a player with the "core business" of metal analysis and the storage of contingents of intended or commercially traded substances. The core business has been carried out since 2020 with the Swiss partner company Cosmotrans AG. The main interest of the institute's customers is the database, which is available on a subscription basis with daily updated prices: In addition to the eponymous [[Rare-earth element]], 900 pure [[Metals]] and 4500 other metal products are listed there. The company's headquarters are located in [[Zug (city)|Zug]]/[[Switzerland]]. == Commodity trading position == The unique feature of the ''Institute for Rare Earths and Metals'' is its database with the daily updated prices for over 5000 market-relevant materials of [[Metallurgy]], traditionally rare earths and ''Clean Energy Metals'', determined after 10 years of preparation. The data can be viewed when you become a member. The "core business" described by the Institute itself and also in the Swiss commercial register is the "carrying out of technical, physical and chemical investigations. The company aims to provide services in the field of analysis of raw materials, minerals, metals, rare earths and in the evaluation and storage of such products."<ref>[https://www.moneyhouse.ch/de/company/institut-fuer-seltene-erden-und-metalle-4604350811/ Webseite moneyhouse.ch – Institut für Seltene Erden und Metalle (Handelsregisteramt ZG, Handelsregister-Nummer: CH-170.3.041.803-1)] access-date=1 September 2022}}</ref> Since 2020, transport, storage and insurance for substances prepared for trading (e.g. for analysis) or for substances already on the market have also been arranged for the processing of transactions. A company activ in this trade describes the importance of the analyses carried out in the Institute's laboratories: "The international recognition of the ISE, especially among auditors, universities and banks, gives the Institute's documentation work the desired international acceptance. Therefore, all analyzes and assessments are made exclusively by the ISE.<ref group="Note">The ISE does not accept any analyses prepared by other parties as a basis for its assessment. Reviews are valid for six months. (ISE website: [https://en:institut-seltene-erden.de/unser-service-2/ise-bewertung-2/ Acceptance and Validity of Rating]) access-date=1 September 2022.</ref> Regarding the cooperation partner ''Storage'' of the ISE: "''Cosmotrans AG'' is an independent Swiss joint-stock company that [...] has also been offering the handling of valuable metals for around ten years. Cosmotrans AG is fully accepted by banks and insurance companies."<ref>Both quotes: ''Ocean Metal and Mineral Trading AG'': [https://ommt.ch/index.php To ISE and Cosmotrans]. Retrieved on September 01, 2022.</ref> In the ''Scientific Services'' of the German [[Bundestag]] of February 2022, the Institute is cited several times in the status report ''Rare Earths as an Important Resource'' and described as a "private-sector consulting firm."<ref>Report of the Bundestag ''WD 5 - 3000 - 003/2022'' on the resource rare earths: [https://www.bundestag.de/resource/blob/886424/16cb4318a6eaf7b2e5d2221d85e81927/WD-5-003-22-pdf-data.pdf ''Wissenschaftlicher Dienst des Bundestags 03-2022''] Retrieved September 01, 2022.</ref> === Transit trade Switzerland === With the [[free trade zone]] in the area of [[Zurich Airport]], the deposited goods are not legally on Swiss soil: "The term ''transit trade'' covers all the commercial transactions of companies based in Switzerland in which the goods are bought and sold without the goods ever crossing a Swiss border."<ref>Gerald Hosp, [[Neue Zürcher Zeitung]] (NZZ): [https://www.nzz.ch/wirtschaft/80-prozent-der-russischen-rohstoffexporte-laufen-ueber-die-schweiz-wirklich-die-geschichte-einer-zahl-ld.1677313?kid=nl164_2022-4-4&ga=1 ''Rohstoffhandel Schweiz'', 4. April 2022]. access-date=1 September 2022.</ref> == History == After a project call for proposals in 2008, there was a conference with experts "to solve bottlenecks in the manufacturing processes of large industrial companies in the field of rare earths." founded as [[Registered association (Germany)|Association]]. === Formation (self-portrayal) === In a press release in 2012, the Institute stated the following as the motive for founding it: After the dependence of the world economy [[1973 oil crisis|on oil]], which became became imminent in the 1970's, there followed a second dependence at the beginning of the 21st century – the one "on the so-called ‚rare earths‘: These 17 metals, which are difficult to obtain, are becoming needed in numerous high-tech areas [...and] are among the most valuable raw materials in the world today." The largest supplier of the indispensable elements by far is [[Economy of China#Energy_and_mineral_resources|China]]. The People's Republic has the market in hand. "The reason for this monopoly position is, among other things, that China has so far not paid attention to environmental compatibility when mining. Air, soil and water were [[Bayan Obo Mining District|ruthlessly polluted]]."<ref>Pressebox: [https://www.pressebox.de/pressemitteilung/institut-fuer-seltene-erden-und-metalle-e-v/Neue-Webseite-fuer-das-Institut-fuer-Seltene-Erden-und-Metalle-e-V/boxid/497396 Neue Webseite des ISE-Instituts] access-date=1 September 2022.</ref> One reason would also be that China will need its own production in the future: „'If China continues to grow strongly, the People's Republic will change from an exporter to an importer of rare earths in ten years at the latest,' expects Arndt Uhlendorff, chief analyst at the Institute for Rare Earths and Metals.“<ref>[[Wirtschaftswoche]]: [https://www.wiwo.de/unternehmen/industrie/seltene-erden-schutz-vor-der-rohstoffkrise/7011500-2.html ''Schutz vor der Rohstoffkrise'', 23. August 2012]. access-date=1 September 2022.</ref> === From Association to Buisiness Corporation === In 2013, the prices of around 600 metals were regularly available to customers. From 2018, daily updated prices from the areas of rare earths, ''strategic metals'', [[base metals]], technology metals and [[isotopes]] were published. Since 2019, the ISE has been cooperating with a Swiss partner company that carries out ''metal analysis'' to identify 74 elements. "Verified persons [...] and verified goods that (are) inspected, analyzed and evaluated" are permitted on the trading platform. Together with the partner company, storage options will be offered from 2020 on “2000 square meters of domestic storage space and 5000 square meters of outdoor storage for high-priced metals”. 2021: The ''Institute for Rare Earths and Metals'' trades as [[Aktiengesellschaft]] in the [[Canton of Zug]]: The reasons for moving to Switzerland were the proximity to the warehouse in the free trade zone [[Zurich Airport]] and in cooperation with financial institutions to offer trading programs for commodities. The storage capacity in Zurich will be 5500 square meters in 2022.<ref>Website ISE: [https://institut-seltene-erden.de/ueber-uns-2/historie/ Historie ISE]. acess-date=1 September 20220.</ref> == Corporate Structure == The Institute employs eight people in administration and five specialists for handling the offers. In the partner company, 60 people work in the laboratory and 12 in the warehouses. * The database (closed user group) currently offers "in [[Online Transaction Processing]] around 900 prices for pure metals and around 4500 prices for metal products." A free service "for pupils and students" is provided in relation to the Average prices of all metals published for the last six months. * The partner company is a Swiss company that has been active in the logistics sector for storage, packaging and worldwide transport since 1976 and “the full acceptance of all customers, banks and financial service providers with whom the ''Institute for Rare Earths and Metals'' works “, owns. Due to "strongly increasing demand" for its services, the ISE opened a representative office in [[Dubai]] in May 2022,<ref> Website ISE: ''Representative Office in Dubai'': [https://institut-seltene-erden.de/ise-eroeffnet-repraesentanz-in-dubai/ Newsletter May 10, 2022]. Access-date=1 September 2022.</ref> == Informal offer == In addition to the information from the database as a basis for evaluation for customers, the Institute's offer also includes services that are necessary for business transactions. In addition to commercially interested parties, the offer is also used by universities and research institutions. === Database and trading platform === The informal basis for interested parties is the database with daily updated prices, which are determined from a network that has been set up since 2011. In addition to all rare earth elements and their oxides, "base metals, minor metals, exotic metals and stable isotopes" are also listed." Granules, etc."<ref>Website ISE: [https://ise-metal-quotes.com/ ISE metall-qoutes] access-date=1 September 2022.</ref> Since 2018, the previously informal database has been operated as „[[Electronic_trading_platform|Trading platform]] for rare earths and high-purity metals“ and metal analyses, assessments and bank audits are carried out on behalf of all metals and elements of these groups. Advice is also offered "on the monetization of valuable metals".<ref>Website ISE: [https://institut-seltene-erden.de/beratung Beratung] access-date=1 September 2022.</ref> === Information Gathering === Since 2018, the institute has been surveying the "network that has grown organically for more than 10 years [...] of regular mine operators, producers, refiners, buyers, sellers, brokers and end customers about the prices of the metals recently traded". The “metal prices are calculated from several hundred individual sources in order to determine a representative average price for [..] customers.” The sources remain anonymous “so that there is no interference in the market. […] Valuations and audits are confirmed in the course of a [[due diligence|due diligence process]] by banks, auditors, lawyers or customers.” The prices of highly specific metals are determined using a simplified capital value method. Ultimately, the aim is to regulate the relationship between value and price in such a way that market participants can find a consensus on fixed product positions on the basis of "market-oriented pricing".<ref>Website ISE: [https://institut-seltene- erden.de/unser-service-2/treueprogramm/ comments on the principles and methodology of price determination]. access-date=1 September 2022.</ref> === Advice === The Institute advises customers in all stages of the offer, as well as on communication with banks and auditors, on insuring metals and also on special offers "goods that are difficult to sell" [... and in the] "purchase and sale of goods that seem to be sold out."<ref>Website ISE: [https://institut-seltene-erden.de/unser-service-2/metall-consulting/ ISE Metal Consulting]. access-date=1 September 2022.</ref> == Metal analysis == The unique selling point in the trading process is the certification of the quality of the material. In addition to the specially issued certificates, the Institute does not recognize any other analysis reports. === Method and Subject === The metal analyzes relate to pure metals, metal alloys, non-conductive materials and to (almost) all metal forms and are carried out in accordance with the ([[ISO 9001#Revision ISO 9001:2015|ISO standard DINEN ISO 9001]]) tested laboratories. Analytes are tested for elements from lithium, number 3 to uranium, number 92 on the periodic table to determine purity by elimination. The tests are carried out directly on the solid using GD/MS (glow discharge/mass spectrometry; solid state MS) without chemical breakdown. The analyses are carried out for a measurable purity of up to 99.999 percent. In addition to the rare earths, the groups summarized as ''high-purity metals'' and ''strategic metals'' are evaluated. === Rating === The measurement is based on the "IFRS 13 - Fair value principle": The [[International Financial Reporting Standards|IFRS 13]] defines the ([[Fair Value#IFRS 13|fair value]]), presents the measurement of the fair value and explains the Disclosure requirements.<ref group="Note">''IFRS 13'' defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The valuation assumes that the transaction takes place in the primary market, which is the market with the largest volume and number of market activities for the asset. If such is not available, the most advantageous market must be used for the assessment. This is a market in which, taking into account transaction and transportation costs, the selling price of an asset would maximize or the transfer amount of a liability would minimize. (ISE: [https://en:institut-seltene-erden.de/ueber-uns-2/arbeitsweise/ IFRS 13] access-date=1 September 2022).</ref> == Transport and storage == Since 2020, the storage of metals with related services such as transport, customs formalities, collection is offered. The cooperating Swiss company has been active in this field since 1976. The storage rooms are located in the Swiss domestic area, as well as in the [[Free-trade zone|free warehouse]] at [[Zurich Airport]] and in [[Embrach#Up to the present|Embraport]].<ref>ISE website: [https://institut-seltene-erden.de/unser-service-2/Sicherheitslager/ Sicherheitslager]. accesse-date=1 September 2022.</ref> == Business relationships == Russian customers: After the [[Russian invasion of Ukraine 2022#sanctions|invasion of Ukraine]], the ISE since February 25, 2022 [..] refused any cooperation with Russian companies. It is noted in the notification that „about 20% [.. of the] turnover is forgone“.<ref>Website ISE: [https://institut-seltene-erden.de/ise-newsletter-vom-25-february-2022/ sanctions notification in the newsletter of March 25, 2022]. access-date=1 September 2022.</ref> == Reception == In the status report of the ''Scientific Services (WD 5): Economy and Transport, Food and Agriculture'' of the [[Bundestag|German Bundestag]] ''Rare Earths as an Important Resource'' of 16. February 2022, the Institute's website is a frequently cited source: Information was taken on the history, the elements (list) with use, occurrence (distribution of mining and deposits) and the Chinese monopoly Earth.<ref>Bericht des Deutschen Bundestags zur ''Ressource Seltene Erden'': [https://www.bundestag.de/resource/blob/886424/16cb4318a6eaf7b2e5d2221d85e81927/WD-5-003-22-pdf-data.pdf Scientific Service of the Bundestag 03-2022] accessed on May 27, 2022.</ref> Internally, it is reported that the database is accessed 4,500 to 5,000 times a day. The Institute presents itself on [[facebook]] and [[twitter]] and publishes a bimonthly ''Newsletter''.(ref>[https://institut-seltene-erden.de/newsletter/ ISE-Newsletter]. Accessed May 27, 2022.</ref> == Notes == <references group="Note" /> == References == <references /> {SORTING: Rare Earth Institute}} [Category:Commodity trading company]] [Category:Company (train)]] [Category:Established 2011]] [Category:Trading company (Switzerland)]]